Ellen Cotter - Apr 18, 2022 Form 4 Insider Report for READING INTERNATIONAL INC (RDI)

Signature
/s/ Ellen Cotter
Stock symbol
RDI
Transactions as of
Apr 18, 2022
Transactions value $
$0
Form type
4
Date filed
4/19/2022, 04:06 PM
Previous filing
Apr 14, 2022
Next filing
Apr 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RDI Class A Non-Voting Common Stock 1.27M Apr 18, 2022 Co-Trustee and beneficiary of James J. Cotter Living Trust F1
holding RDI Class A Non-Voting Common Stock 822K Apr 18, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDI Restricted Stock Units Award $0 +48K $0.00 48K Apr 18, 2022 Class A Non-Voting Common Stock 48K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ellen Cotter is a co-trustee of the Trust, a trust organized under the laws of CA. During the lifetime of James J. Cotter, Sr., the Trust was revocable by James J. Cotter, Sr., but the Trust became irrevocable upon the death of James J. Cotter, Sr. on September 13, 2014. The Trust serves as a vehicle for the management and distribution of the assets of James J. Cotter, Sr. Ellen Cotter and Margaret Cotter, acting together as co-trustees of the Trust, may be deemed to share voting and investment power over the shares of the Class A Non-Voting Common Stock directly beneficially owned by the Trust. Ellen Cotter disclaims beneficial ownership of the Class A Non-Voting Common Stock directly beneficially owned by the Trust and reported herein, except to the extent of her pecuniary interest therein. The extent of any pecuniary interest in Class A Non-Voting Common Stock to Ellen Cotter is dependent on certain factors yet to be resolved and is not currently known.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of Class A Non-Voting Common Stock upon vesting of the unit.
F3 A total of 47,962 restricted stock units were granted on April 18, 2022 pursuant to the Company's 2020 Stock Incentive Plan. The restricted stock units vest in four equal annual installments commencing on April 18, 2023, April 18, 2024, April 18, 2025, and April 18, 2026.